Nigerians are still mad at PayPal but their startups need dollars
- PayPal partners with Nigerian fintech Paga to allow users to link wallets and withdraw funds in naira.
- Paga CEO Tayo Oviosu announces plans to enable businesses to accept PayPal directly on their platforms.
- Public reaction to PayPal's return is mixed, with older millennials feeling excluded while younger users see it as a normal payment option.
The partnership between PayPal and Paga represents a significant shift in Nigeria's digital payment landscape, but it also highlights the ongoing challenges faced by local businesses in navigating currency volatility and historical resentments. As the economy evolves, it will be crucial for stakeholders to focus on building sustainable solutions that address both user needs and market realities.
